All over the globe Lybo - Last week it was ArceloMittal announcing JV to develop 554kw of wind farms for example - military increases globally etc etc.
We'll be fine Szalva - all will be announced soon. Those groundworks are happening right now to deliver on schedule. The pricing structure is opaque for REO'S - Lynas is a good guide for which I posted some basket prices achieved last week. Coming off highs for sure but still very high margins for them. It's a common theme where new company's enter on lesser pricing structures to achieve critical funding requirements - so again not concerned as blue skies post initial agreements expiring. ARU are way ahead of the many possibles whom will endure much more difficult circumstances whilst we progress to commissioning - profits. We'll never know the realities of everything - how did Iluka be gifted 1.2 billion for example? But follow the smart money and in time all will be fine. Quarterly pending should provide nicely then next couple of months final offtake and finance concluded - pretty impressive and we should expect nothing less.
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